Results 61 to 70 of about 3,807 (197)
The effects of awe‐eliciting experiences on consumers' aversion to choice ambiguity
Abstract Experiencing awe elicits feelings of both being part of something that is bigger than oneself (self‐transcendence) and a sense, or feeling, of smallness. Our studies show that these distinct responses serve as mechanisms of action that have both main and mediating effects on consumer preference in ambiguous choice contexts. Across five studies,
Kamal Ahmmad +3 more
wiley +1 more source
Pathways of romantic jealousy to intimate partner violence in Mwanza, northern Tanzania
Abstract Objective The goal of this research is to establish the pathways through which romantic jealousy leads to intimate partner violence. Background Physical and/or sexual intimate partner violence is widespread, with one in four women reporting it globally. Romantic jealousy is a known risk factor for intimate partner violence, yet little is known
Diana Aloyce +7 more
wiley +1 more source
Commitment, Cold War, and the battles of the self: Thomas Schelling on behavior control
Abstract Economist Nobelist Thomas C. Schelling (1921–2016) is known for his contribution to the analysis of international conflict and many see him as the Cold Warrior par excellence. At a time of great uncertainties and dangers, Schelling combined a deep understanding of strategic analysis, a detailed knowledge of US commitments around the world and ...
Philippe Fontaine
wiley +1 more source
Are Probabilities Used in Markets? [PDF]
Working in a complete-markets setting, a property of asset demands in identified that is inconsistent with the investor's preference being based on probabilities.
Epstein, L.G.
core
Learning Under Ambiguity [PDF]
This paper considers learning when the distinction between risk and ambiguity matters. It first describes thought experiments, dynamic variants of those provided by Ellsberg, that highlight a sense in which the Bayesian learning model is extreme - it ...
Larry Epstein, Martin Schneider
core +3 more sources
A smooth model of decision making under ambiguity. [PDF]
We propose and axiomatize a new model of preferences that achieves a separation between ambiguity, identified as a characteristic of the decision maker's subjective information, and ambiguity attitude, a characteristic of the decision maker's tastes ...
Massimo Marinacci +2 more
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- A BAYESIAN APPROACH TO UNCERTAINTY AVERSION [PDF]
The Ellsberg paradox demonstrates that peoples belief over uncertainevents might not be representable by subjective probability. We relate this paradox to other commonly observed anomalies, suchas a rejection of the backward induction prediction in the ...
Vincent Feltkamp, Yoram Halevy
core
Ellsberg Paradox and Disposition Effect
The Ellsberg paradox can help us understand how ambiguity can induce asset liquidation, which is reflected by gain or loss realization in the disposition effect. This study investigates the impact of ambiguity (as the Ellsberg Paradox describes) and framing effects on the disposition effect in asset liquidation decisions. By integrating prospect theory
openaire +1 more source
Contextual Risk and Its Relevance in Economics
Uncertainty in economics still poses some fundamental problems illustrated, e.g., by the Allais and Ellsberg paradoxes. To overcome these difficulties, economists have introduced an interesting distinction between 'risk' and 'ambiguity' depending on the ...
Aerts, Diederik, Sozzo, Sandro
core +1 more source
Decision under Uncertainty : the Classical Models [PDF]
This chapiter of a collective book is dedicated to classical decision models under uncertainty, i.e. under situations where events do not have "objective" probabilities with which the Decision Marker agrees. We present successively the two main theories,
Alain Chateauneuf +2 more
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